Ten Peaks Coffee Co Inc (TPK) to Issue Quarterly Dividend of $0.06 on October 16th
Ten Peaks Coffee Co Inc (TSE:TPK) announced a quarterly dividend on Thursday, September 14th, Zacks reports. Stockholders of record on Friday, September 29th will be paid a dividend of 0.063 per share on Monday, October 16th. This represents a $0.25 dividend on an annualized basis and a dividend yield of 3.97%. The ex-dividend date is Thursday, September 28th. This is an increase from Ten Peaks Coffee Co’s previous quarterly dividend of $0.06.
Shares of Ten Peaks Coffee Co (TSE:TPK) traded up 3.25% during midday trading on Friday, hitting $6.35. 30,128 shares of the stock were exchanged. Ten Peaks Coffee Co has a 12-month low of $5.30 and a 12-month high of $8.19. The firm has a market cap of $57.39 million and a P/E ratio of 13.04. The stock’s 50 day moving average is $5.92 and its 200 day moving average is $6.12.
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Ten Peaks Coffee Co Company Profile
Ten Peaks Coffee Company Inc is a Canada-based specialty coffee company. It operates through two subsidiaries, Swiss Water Decaffeinated Coffee Company Inc (SWDCC) and Seaforth Supply Chain Solutions Inc (Seaforth). SWDCC is a green coffee decaffeinator located in Burnaby, British Columbia. SWDCC employs the SWISS WATER Process to decaffeinate green coffee, which are sold to specialty roaster retailers, specialty coffee importers and commercial coffee roasters.
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